Euro going great guns
EXPORTERS to Europe, who invoice their goods in euro, would be a happy lot as the common currency drew parity with the dollar on Monday and then continued its way up. Importers, however, have reason to worry. The euro, which has been giving ...
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Govt to review FIPB functioning to attract FDI
THE Government will review the functioning of the Foreign Investment Promotion Board (FIPB) in a bid to boost annual foreign direct investment (FDI) inflows to $10 billion. "As far as the FIPB is concerned, we are reconsidering this issue," the ...
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Sensex ends 49.53 down
SHAKY global markets, border tensions and a hesitant monsoon pulled down stock prices in the domestic market for the second day in a row on Tuesday. Opening almost at Monday's closing levels, the market continued to reflect bearish sentiment the ...
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TV channels use radio for promos
`DON'T Miss Pretty Woman on Star Movies', `Catch Yaadien on Sony'... These are just some of the promotions by various television channels on FM radio. Call it convergence of sorts. Television channels have extensively started ...
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DCA issues notice to Xerox Modi
THE Department of Company Affairs (DCA) has issued a notice to Xerox Modicorp, the Indian subsidiary of the US multinational, Xerox Corporation, to inspect its books of accounts. The department is planning to inspect the Indian subsidiary's ...
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